You'll Hate this The day has arrived

[T.C]

In that as of today (Friday) after 30+ years I am mortgage free having made my last payment this morning.

What a lovely feeling it is knowing that the pressure is off not having to make that payment anymore and I can now even consider looking for a part time job if needs be.

 

[derek kelly]

Nice feeling isn’t it?

 

[Pow-Lo]

Good on yer!

We over-pay ours by 100% to get shot of it early. Not everyone's of a wise investment but I'd rather do that than pour it into a pension pot or give it to a 'fund (mis) manager'.

 

[Cougar377]

Paid ours off 6 years ago. Gone without some of the nicer things in life to get there, but worth it in the end.

 

[Squag1]

Thankfully same.
Sold and downsized after "settlement"
Peace n quiet n small garden and half the back is paved.
I can slam the door as loud as I like now!

 

[T.C]

Nice feeling isn’t it?

It is a nice feeling and I would go as far as to say it is quite a smug feeling as well

 

[jeffa]

Carpetbagged the Building Societies in the 80s, paid off our £25K motrgage for £600 in affect in the 90s

 

[andyBeaker]

What is an mortgage??



Seriously, with rates where they are there iscase for not paying off a mortgage and using the funds for investing in something else. A half decent rental should net at least 4% for insrptane, although you are open to swings in capital value.

Just saying like. I paid my mortgage off as number one priority.

This post may contain nuts, flashing lights and scenes of a sexual nature

 

[Squag1]

[QUOTE="andyBeaker, post: 839600, member:

This post may contain nuts, flashing lights and scenes of a sexual nature[/QUOTE]
Where are they?????

 

[Pow-Lo]

What is an mortgage??



Seriously, with rates where they are there iscase for not paying off a mortgage and using the funds for investing in something else. A half decent rental should net at least 4% for insrptane, although you are open to swings in capital value.

Just saying like. I paid my mortgage off as number one priority.

This post may contain nuts, flashing lights and scenes of a sexual nature

Whats "4% for insrptane"?

 

[andyBeaker]

Whats "4% for insrptane"?

You know perfectly well, stop being argumentative

 

[Pow-Lo]

You know perfectly well, stop being argumentative

I'm not being argumentative. You can't spell.

 

[derek kelly]

Is he dyslexic or just going through a bad spell?

 

[Cougar377]

Is he dyslexic or just going through a bad spell?

Neither.....4% of insrptane is the current dose that he's on. Double it, I say.

 

[Me!]

Paid off last year.

 

[derek kelly]

Neither.....4% of insrptane is the current dose that he's on. Double it, I say.

Are there any side effects?

 

[Pow-Lo]

Are there any side effects?

The occasional bad spell.

 

[sr71caspar]

I'm too youngerer to have paid off my mortgage yet.





Considering I'm earning a damn sight less than most on here, I'm actually better off than all ya all, in my plans to be mortgage free.


(is there a 'smug but poor' smillie?)

 

[Pow-Lo]

I'm too youngerer to have paid off my mortgage yet.





Considering I'm earning a damn sight less than most on here, I'm actually better off than all ya all, in my plans to be mortgage free.


(is there a 'smug but poor' smillie?)

I’m too young for a mortgage

Aside from that, given that most on here are retired you’re prolly one of the highest earners.

 

[derek kelly]

I’m too young for a mortgage

Aside from that, given that most on here are retired you’re prolly one of the highest earners.

I am earning more now that I am partially retired than when I was employed full time, having said that I am paying over £80 a month more into two pensions than I ever did before I drew my pension.